Maria and Miguel Blanco are in the midst of negotiating a divorce. Because both parties are unwilling to share any current financial information, their joint Form 1040 for 2016 is not filed until October 31, 2017, when the respective divorce attorneys forced them to cooperate. The Blancos should not be subject to any Federal late-filing penalties, because the reasonable cause exception applies to
their family discord.
a. True
b. False
Indicate whether the statement is true or false
False
RATIONALE: Such behavior usually does not excuse the taxpayer's penalty.
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